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"The war must greatly disturb the money-market, affect many speculative adventures and operations when at the very moment credit may be most needed. It is absolutely necessary that I should be daily at my post on the Bourse, and hourly watch the ebb and flow of events. Under these circumstances I had counted, permit me to count still, on your presence in Bretagne.
The men when they presented themselves were just of the kind she expected loud-talking their interests divided between horse-racing and the money-market; she was a cipher at her own table, scarcely a remark being addressed to her. The conversation was meaningless to her; it seemed, indeed, to be made purposely mysterious; terms of the stock-exchange were eked out with nods and winks.
Pitt was so much the dupe of his own juggle, as to persuade himself that thus playing with a debt, from one hand to the other, was paying it or whether, aware of the inefficacy of his Plan for any other purpose than that of keeping up a blind confidence in the money-market, he yet gravely went on, as a sort of High Priest of Finance, profiting by a miracle in which he did not himself believe, and, in addition to the responsibility of the uses to which he applied the money, incurring that of the fiscal imposture by which he raised it.
Of his 'veto' against an intended war, scarcely anything was known. Only the Government were aware of the part he had taken in that matter, the Government and the Money-market! But the time was now ripe for further movement; and in the deep and almost passionate interest he had recently learned to take in the affairs of the actual People, he was in no humour for hesitation.
But when, with her doubts not yet entirely removed, she opened the small slip he had given her, the number inside suggested nothing but the fact that her destination lay somewhere near Eightieth Street. It was therefore with the keenest surprise she beheld her motor stop before the conspicuous house of the great financier whose late death had so affected the money-market.
Nay, when the wit tried once to show him up or mystify him, Dick answered with a bluff spirit, that, though very coarse, was found so humorous by Lord Spendquick and other gentlemen similarly situated in the money-market that they turned the laugh against the wit, and silenced him for the rest of the night, a circumstance which made the party go off much more pleasantly.
On and after this date, holders of notes may obtain the usual discount. The sale of the landed estates will fully cover all current indebtedness. "This notice is issued for the honor of the house, and to prevent any disturbance in the money-market of this town.
Money-Dealing In order to show what dimensions money-dealing assumed by the side of this estate-husbandry unnaturally prospering over the ruin of the small farmers, how the Italian merchants vying with the Jews poured themselves into all the provinces and client-states of the empire, and how all capital ultimately flowed to Rome, it will be sufficient, after what has been already said, to point to the single fact that in the money-market of the capital the regular rate of interest at this time was six per cent, and consequently money there was cheaper by a half than it was on an average elsewhere in antiquity.
"He is one of Gigonnet's lambs, a spy for Palma, Werbrust, Gobseck, and the rest of those crocodiles who swim in the Paris money-market. Every man with a fortune to make, or unmake, is sure to come across one of them sooner or later." "If you cannot discount your bills at fifty per cent," remarked Lousteau, "you must exchange them for hard cash." "How?"
At the time that Cowperwood first entered on elevated-road construction there was no evidence that any severe depression in the American money-market was imminent. But it was not long before a new difficulty began to appear. It was now the day of the trust in all its watery magnificence.
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